ALTERNATIVES

Oklahoma Police Pension doles out $7.5 million to Southpoint Capital

Oklahoma Police Pension & Retirement System, Oklahoma City, invested $7.5 million in a global long/short equity hedge fund managed by Southpoint Capital Advisors, confirmed Steven Snyder, executive director and chief investment officer.

It is the $2 billion pension fund's seventh direct investment in a hedge fund; the investments are being funded through the redemption of an Attalus Capital hedge fund-of-funds portfolio.